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ALBRECHT v. LUND

No. 86-6155.

845 F.2d 193 (1988)

Donald H. ALBRECHT, Plaintiff-Appellant, and Joanne Albrecht, et al., Plaintiffs, v. William S. LUND, Defendant-Appellee.

United States Court of Appeals, Ninth Circuit.

Withdrawn from Submission August 10, 1987.

Resubmitted January 4, 1988.

Decided April 26, 1988.

Attorney(s) appearing for the Case

Richard H. Floum and Greg David Derin, Dern, Mason & Floum, Los Angeles, Cal., for plaintiff-appellant.

John J. McCauley, Paul, Hastings, Janofsky & Walker, Costa Mesa, Cal., for defendant-appellee.

Before WALLACE, BEEZER and HALL, Circuit Judges.

CYNTHIA HOLCOMB HALL, Circuit Judge:

I.

Donald H. Albrecht (Albrecht) and William S. Lund (Lund) were the general partners of Terramics Associates. In January 1980 they filed a lawsuit against Crocker Bank for fraud; Crocker Bank eventually counter-sued. Following a long jury trial, the parties reached a settlement. Albrecht had been opposed to settlement, but Lund convinced him to change his mind just prior to the time the jury was scheduled to announce...

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